GBPUSD Surges Past Resistance: What’s Next?

by ForexCycle.com | January 15, 2024 12:48 am
The GBPUSD has managed to hurdle above the 1.2770 resistance level. This stride gives way to the possibility of a further climb towards 1.2827 resistance in the near future. If it manages to eclipse this level, it...

EURUSD Navigates Narrow Range: A Breakdown of Key Levels

by ForexCycle.com | January 15, 2024 12:12 am
In the current Forex landscape, the EURUSD hasn’t made successful strides above the 1.0998 resistance, resulting in a sideways movement within a trading range between 1.0910 and 1.0998. No discernable upward or downward trend is evident at...

USDCAD: Stuck in a Range, Eyes on 1.3977 and 1.3092

by ForexCycle.com | January 14, 2024 2:49 am
USDCAD has been trapped in a lateral dance between 1.3092 and 1.3977 for months, frustrating traders with its indecisiveness. The pair recently flirted with a downside break but held ground at 1.3092, suggesting that another push towards...

EURUSD: Stuck in Neutral, Awaiting Breakout or Breakdown

by ForexCycle.com | January 14, 2024 2:25 am
EURUSD has been stuck in a holding pattern for months, trapped within a trading range between 1.0447 and 1.1275. The currency pair is currently facing a critical decision point at the upper end of this range, with...

SoftBank: A Possible Omen for What’s Ahead

by ForexCycle.com | January 13, 2024 1:07 pm
By Elliott Wave International SoftBank, the multinational holding company which is heavily involved in the technology sector, has had a tough go of it. Its stock price has been in a steady decline for the past few...

GBPJPY Breaks Above Resistance at 184.30, Potential for Upside Move

by ForexCycle.com | January 11, 2024 4:16 am
GBPJPY has broken above the key resistance level at 184.30, indicating a bullish move. Further upside potential is expected after a minor consolidation. The next target for the pair is projected to be at 187.30, followed by...

EURUSD in Sideways Trading Range, Potential for Upside Breakout

by ForexCycle.com | January 11, 2024 3:46 am
EURUSD has been moving sideways within a trading range between 1.0910 and 1.0998. Currently, it is facing resistance at the upper boundary of this range, around 1.0998. If the price manages to break above this resistance level,...

GBPUSD Faces Resistance at 1.2770, Potential for Upside Breakout

by ForexCycle.com | January 11, 2024 3:30 am
GBPUSD is once again facing resistance at the 1.2770 level. If the price manages to break above this resistance, it could potentially test the next resistance level at 1.2827. A successful breakout above 1.2827 would then aim...

Exxon Mobil Corp ($XOM) Found Buyers from Extreme Area.

by elliottwave-forecast.com | January 10, 2024 9:59 pm
Hello everyone. In today’s article, we will look at the past performance of the 1H Hour Elliott Wave chart of Exxon Mobil Corp ($XOM). The rally from 12.12.2023 low at $97.47 unfolded as 5 waves impulse. So,...